Sell AUD/USD – 1H – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.69888 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 0.70238 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.70793
2nd High 0.70751
Next High 0.70238
Current Price 0.70083
Next Low
2nd Low
3rd Low

0.70238 – 0.70751 – 0.70793 – 0.69888 – 0.70006 – 0.69945 —
0.70124 – 0.70120 —
48.372389521337 – 50.340642124498 —
– —
0.70238 – 1781881200

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